Economy Dollar Crashes to N1,520/$1 at Parallel Market February 26, 2024 Dipo Olowookere By Dipo Olowookere The value of the Naira to the US Dollar significantly strengthened in the parallel market on Monday, trading at N1,520/$1 compared Read More
Economy Nigeria Creates Task Force to Combat FX Speculation, Hoarding February 20, 2024 Adedapo Adesanya By Adedapo Adesanya Nigeria has formed a joint task force, made up of leading law enforcement agencies such as the Nigeria Police Force (NPF), Read More
Economy N1,400/$1 Exchange Rate May Drive Inflation Higher—Alaje January 26, 2024 Aduragbemi Omiyale **Lists Ways to Guarantee Stable Naira By Aduragbemi Omiyale The Nigerian government has been advised on the steps to take to achieve a stable Read More
Economy Pressure Mounts on Naira, Falls at Currency Market as Cash Crunch Persists February 23, 2023 Adedapo Adesanya By Adedapo Adesanya The Naira depreciated against the Dollar at the different segments of the foreign exchange (FX) market on Wednesday, February 22. The Read More
Economy Naira Sells N427.25/$1 at I&E, N614/$1 at Parallel Market July 7, 2022 Adedapo Adesanya By Adedapo Adesanya The Naira appreciated against the United States Dollar by 0.52 per cent N2.25 in the Investors and Exporters (I&E) segment of Read More
Economy Naira Performs Badly at Currency Market Amid FX Supply Crunch June 4, 2022 Adedapo Adesanya By Adedapo Adesanya The Naira suffered a loss of 25 kobo or 0.06 per cent against the US Dollar at the Investors and Exporters Read More
Economy Naira Performs Badly Against Dollar at Currency Market April 15, 2022 Adedapo Adesanya By Adedapo Adesanya It was another woeful outing for the Naira at the currency market on Thursday, losing against the United States Dollar at Read More
Economy All You Need to Know About Trading in Currency Market December 10, 2020 Dipo Olowookere Online trading of currencies is gaining momentum all around the world since the last two decades. Africa alone today has estimated approx. 1.3 million Read More
Economy Naira Trades Flat at Black Market, Falls at Interbank, Rises at I&E August 7, 2018 Modupe Gbadeyanka By Modupe Gbadeyanka At the currency market on Monday, the Nigerian Naira traded mixed at various segments of the market. While the local currency Read More
Economy Naira Trades Mixed at Black Market as Forex Market Gets $210m March 20, 2018 Dipo Olowookere By Dipo Olowookere The local currency appreciated against the Dollar on Monday at the black market, selling at N362 against N363 it traded last Read More